Sony Corporation (NYSE:SONY) Stock Has Consensus Price Target of $373.31

Shares of Sony Corporation (NYSE:SONY) have received an average rating of “Moderate Buy” from the sixteen analysts that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, four have given a hold rating and eleven have assigned a buy rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $373.31.

Several research analysts have recently issued reports on SONY shares. Wall Street Zen downgraded Sony from a “buy” rating to a “hold” rating in a research note on Sunday, August 9th. Weiss Ratings reissued a “sell (d+)” rating on shares of Sony in a report on Monday, August 17th. Sanford C. Bernstein restated a “market perform” rating and issued a $26.00 price target on shares of Sony in a research report on Thursday. Benchmark reaffirmed a “buy” rating on shares of Sony in a research note on Monday, August 3rd. Finally, Zacks Research cut shares of Sony from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 30th.

Sony Stock Performance

SONY traded down $0.57 during trading hours on Friday, reaching $26.97. The company’s stock had a trading volume of 5,676,241 shares, compared to its average volume of 4,118,186. Sony has a 52 week low of $19.32 and a 52 week high of $30.34. The company’s 50-day moving average is $24.49 and its 200-day moving average is $22.39. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.97 and a current ratio of 1.25. The firm has a market cap of $159.34 billion, a PE ratio of 24.08, a price-to-earnings-growth ratio of 1.66 and a beta of 0.98.

Sony (NYSE:SONY) last issued its quarterly earnings data on Thursday, November 5th. The company reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.38 by $0.11. Sony had a positive return on equity of 13.06% and a negative net margin of 2.00%. The company had revenue of $21.77 billion during the quarter, compared to analysts’ expectations of $20.15 billion. During the same quarter in the previous year, the company posted $60.10 earnings per share. The business’s revenue was up 10.3% on a year-over-year basis. On average, equities analysts forecast that Sony will post 1.45 EPS for the current year.

Key Sony News

Here are the key news stories impacting Sony this week:

• Positive Sentiment: Sony raised its fiscal 2026 outlook after second-quarter profit rose about 45%. Earnings of $0.49 per share beat the $0.38 consensus, while revenue of $21.77 billion exceeded estimates of $20.15 billion. Stronger PlayStation and Pictures results, including the success of Spider-Man: Brand New Day, drove growth. Reuters earnings report Zacks earnings call highlights
• Neutral Sentiment: PlayStation game sales and engagement are growing, but reports say Sony is still struggling to meet demand for PS5 consoles. That may limit the benefit of strong software performance. PS5 sales and supply report
• Negative Sentiment: Management cited rising memory costs and weaker smartphone image-sensor demand as pressures on the outlook. These headwinds could temper gains from gaming and entertainment. Zacks earnings call highlights

Insiders Place Their Bets

In other news, insider Kenji Tanaka sold 20,000 shares of the company’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $23.83, for a total value of $476,600.00. Following the sale, the insider directly owned 43,899 shares of the company’s stock, valued at approximately $1,046,113.17. This represents a 31.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 7.00% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in SONY. Physician Wealth Advisors Inc. lifted its position in Sony by 29.6% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 1,811 shares of the company’s stock valued at $43,000 after acquiring an additional 414 shares in the last quarter. Diversified Trust Co grew its position in shares of Sony by 4.1% during the 3rd quarter. Diversified Trust Co now owns 10,756 shares of the company’s stock valued at $253,000 after acquiring an additional 425 shares during the period. Wedmont Private Capital raised its stake in shares of Sony by 3.2% in the third quarter. Wedmont Private Capital now owns 13,630 shares of the company’s stock valued at $326,000 after buying an additional 427 shares during the period. Thurston Springer Miller Herd & Titak Inc. raised its stake in Sony by 8.3% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 6,272 shares of the company’s stock valued at $126,000 after acquiring an additional 481 shares during the period. Finally, 71 West Capital Partners increased its stake in shares of Sony by 4.5% in the third quarter. 71 West Capital Partners now owns 11,754 shares of the company’s stock worth $277,000 after purchasing an additional 509 shares in the last quarter. Institutional investors own 14.05% of the company’s stock.

About Sony

Sony Group Corporation is a Japan-based global entertainment and technology company, founded in Tokyo in 1946 by Masaru Ibuka and Akio Morita. Initially known as Tokyo Tsushin Kogyo, the company adopted the name Sony in 1958.

Sony’s businesses include video games and network services through PlayStation; music recording and publishing; film and television production and distribution; consumer electronics, including televisions and cameras; and imaging and sensing technologies, including image sensors.